Using Spendthrift Trusts in New York To what extent is a beneficiary’s trust fund available to his or her creditors? Most elder law attorneys are very well versed in how trusts can be used to protect assets from claims by Medicaid, but it has been noticed, at least in my own experience, that the broader rules […]
One of the most common things that people tend to confuse is Medicare and Medicaid. These are very different government programs despite the similar name! Understanding the differences is an important step in leveraging these resources for one’s own benefit or those of a spouse, parent or family member. Medicaid is a joint Federal, State […]
One questions that clients often ask is whether having a trust will impact the client’s taxes. Obviously, with the tax law being what it is, this is not necessarily an easy question to address in a short blog post. Nevertheless, there are certain principals that can help establish the lay of the land and give […]